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Updated about 10 years ago,
New REI from Center City Philadelphia, PA
Hi Everyone,
My name is John, and this is my first (second?) post on BP. I'm in my late 20s, but only started working my 9-5 (7-4 in my case) 3 years ago and I'm supporting my fiancee through school, so I'm still working on putting away cash for my first investment.
I plan on starting a few posts to ask specific questions but I'll just explain a little bit about what my goals are here.
I'm planning on partnering with one or two friends for financing, as well as getting some private money from family to help with the initial downpayment on a multifamily in and around the area, ideally within 1.5 hours of Philly, perhaps up to king of prussia, or down to newark, delaware. I'm looking for properties in class A or B areas, with a preference on cashflow. I'd like to manage the property myself.
As for myself, I'm a Mechanical Engineer working in KOP, graduated from UD and plan on moving out west (washington, oregon, colorodo, etc.) once my financee is finished with school.
Not sure if there's anything else I'm missing, but if so, please feel free to ask. I look forward to chatting with you on the forums!